Listing Provided Courtesy Of: William Raveis Stowe Realty - Ken Libby
Last Updated: 1/20/2017 12:07 AM
Description for 527 Sugarbush Access Road Warren, VT 05674
Investment Opportunity in high traffic area. This 2.5 acre parcel contains three buildings with outstanding income. The 1963 built 4 unit apartment building has (3) One BR units and (1) Two BR unit all fully occupied with one year leases. Adjacent is a two bedroom chalet currently occupied. The third building is currently one of the Mad River Valley's outstanding restaurants with a major remodel and rebranding in 2009 featuring a large commercial kitchen, great bar area and ready for the buyer's imagination. Could be a catering, wedding, live band venue or converted into some other retail or residential use. There is plenty of parking for whatever use is planned. The entire property could easily become an attractive BnB. Financial information available to qualified buyer. Current income of the apartments & chalet will cover a new mortgage and the third building will generate your profit margin. General information is for commercial building.
Gas Water Heater
Public Sewer, Septic
Other, Three Phase Available, Propane, Cable TV
4,300 Sq. Ft. Above Ground
Electric Range/Cooktop, Refrigerator
Hardwood, Vinyl, Carpet, Stone
Wall Air Conditioning
Gas Heat, Wall Unit, Forced Air
Exterior / Lot Features
Stone Driveway, On Site, Unpaved
Metal, Asphalt Shingle
Landscaped, Other, Rural, Paved Road, Public Roads, Level
Current market conditions for 527 Sugarbush Access Road
Active Market Trends
Median list price$185,000
Days on market267
Properties for sale127
Sold Market Trends
Median sold price$229,000
Sales to list price9,210.0%
Median sq ft price$132
Arrows indicate 90 day trend
Listing Price History for 527 Sugarbush Access Road
Warren Real Estate
Warren is located in Vermont. Warren, Vermont 05674 has a population of 1,494.
The median household income in Warren, Vermont 05674 is $61,324. The median household income for the surrounding county is $57,276 compared to the national median of $53,046. The median age of people living in Warren 05674 is 43.8 years.
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